Furball
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But the press isn't asking for $25 Billion payout from Taxpayers. It just show how out of touch many of the CEO's of large companies are. They bitch about not having enough money and want Uncle Barak to bail them out, yet the company is doing well enough to fly Private jets around the country. I'm a free marketeer. If you want the govenment to bail you out, then cut back and fly commercial.
I didnt know you could get a big tree in a private jet
I didnt know you could get a big tree in a private jet
My point is, given the opportunity cost of a CEO of a Big Three automaker, it may be less expensive to fly in a private plane.
It costs $20,000 to fly a Private Jet from Michigan to Washington. $837.00 to fly first class. Granted, math wasn't my best subject, but I don't believe that is less expensive. Plus the CEO of GM made $26 Million last year.
Well, $26 million per year is about $13,000 per hour, so if the CEO wastes 2 hours in the TSA line, then you've lost
money vs. renting that jet for $20K.
Of course, not all of that $26 million is salary, and so on.
barfo
Surely you are not suggesting that ANYONE running one of these companies is worth $13,000 an hour?
Judging solely on performance, it might be more profitable to keep him AWAY from conducting business as much as possible. Put him on a slow boat to China.
Surely you are not suggesting that ANYONE running one of these companies is worth $13,000 an hour?
Judging solely on performance, it might be more profitable to keep him AWAY from conducting business as much as possible. Put him on a slow boat to China.